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Industrial training

sandhya (CA FINAL) (136 Points)

19 September 2013

Hi frds.

This is sandhya.Can any of u advice me on how to approach for industrial training.and the procedures for it

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CA Pallav Singhania (❤ Work Hard Party Harder ❤) (32427 Points)
Replied 19 September 2013

The Institute of Chartered Accountants of India (ICAI), in furtherance of its objectives of providing to the industries, members with adequate knowledge and background of industrial functioning, conceived the concept of industrial training.

The period of industrial training may range between nine months and twelve months during the last year of the prescribed period of practical training. The minimum time duration for Industrial Training is 9 months and the mximum being 12 months.

An articled assistant who has passed the IPCC/ PCC or Intermediate examination by whatever name under ICAI, can serve as an industrial trainee for the period specified in any of the financial, commercial, industrial undertakings with minimum fixed assets or minimum total turnover or minimum paid-up share capital as may be specified by the Council.

An Associate who has been a member for a continuous period of at least three years shall be entitled to train one industrial trainee at a time and a fellow shall be entitled to train two industrial trainees at a time, whether such trainees be Articled Assistants or Audit Assistants.

To avail Industrial Training, a student has to submit Form 104 with ICAI and on satisfactory completion of the Training,member under whom the industrial training is received shall issue a certificate in Form No.105 in respect of the training undergone.

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Sweety sharma (article assistant) (107 Points)
Replied 20 September 2013

Reply to Your Ques " how to approach for industrial training'

My answer is Go to casansaar.com, u will find industrial trainee requirements there, u can apply like JSW Steel Limited require industrial trainee, few vacancies are available but u should be aware of the vacancies and as well as go to the link https://icai.in/post.html?post_id=823.

Now, Industrial training is applicabe for those students who have already completed 2 years articleship and the period of industrial training may range between 9 -12 months and after joining as an industrial trainee. you are required to submit form 104 with icai.

Thanks and Regards

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sandhya (CA FINAL) (136 Points)
Replied 22 September 2013

Thank u Aryan & Sweety Sharma.Im satisfied with ur reply

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rahullodha2010@gmail.com (sTUDENT) (24 Points)
Replied 24 September 2013

Originally posted by : sweety sharma
	Reply to Your Ques " how to approach for industrial training' My answer is Go to casansaar.com, u will find industrial trainee requirements there, u can apply like JSW Steel Limited require industrial trainee, few vacancies are available but u should be aware of the vacancies and as well as go to the link https://icai.in/post.html?post_id=823. Now, Industrial training is applicabe for those students who have already completed 2 years articleship and the period of industrial training may range between 9 -12 months and after joining as an industrial trainee. you are required to submit form 104 with icai. Thanks and Regards